Number of new US jobless claims fall to 376,000 - the sixth straight drop - but 15.3 million Americans are STILL on Biden's unemployment benefits
The number of Americans applying for unemployment benefits fell for the sixth straight week
Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday
It comes as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic
By Associated Press
Published: 08:42 EDT, 10 June 2021 | Updated: 10:20 EDT, 10 June 2021
The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic.
Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The number of people signing up for benefits exceeded 900,000 in early January and has fallen more or less steadily ever since.
Still, claims are high by historic standards. Before the pandemic brought economic activity to a near-standstill in March 2020, weekly applications were regularly coming in below 220,000.
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https://www.dailymail.co.uk/news/article-9672611/US-unemployment-claims-fall-376-000-sixth-straight-drop.html
